Firm Quotation From Manufacturers And Slight Increase In Bidding Price Of Vn Alloy

www.ferroalloynet.com: Yesterday, the tender price of VN alloy increased slightly by 2000 yuan / ton compared with last week, and increased from 123000-125000 yuan / ton to 125000-127000 yuan / ton by acceptance with tax. Supported by the stable cost of raw materials and the rising bidding price of steel plants, the quotation of VN alloy manufacturers is firm at 125000-126000 yuan / ton by cash with tax. The manufacturers sign orders actively, and the orders have been arranged to the end of the month, and there are not many spot goods. The ferrovanadium market is temporarily stable. The quotation of manufacturers maintained 89000-90000 yuan / ton by cash with tax, and the actual transaction price is 88000-90000 yuan / ton by cash with tax. The tender of ferrovanadium is insufficient and there is no price fluctuation for the time being.

There is no adjustment for upstream raw materials. The actual transaction price of V2O5 flakes is around 80000 yuan / ton including tax by cash. Large factories sign orders smoothly. However, some manufacturers still say that their procurement is slowing down and waiting for a new round of bidding from steel plants at the end of the month to see the trend of vanadium price. The price of ammonium metavanadate has no fluctuation, and the transaction price is 76000-78000 yuan/ton. Some manufacturers are still in a wait-and-see state without offer, and the ammonium metavanadate manufacturers who stopped production in the early stage still kept stopping production and will not resume production in the short term.

www.ferroalloynet.com